Silver Ore - Copperbelt Katanga Mining

Market: gold and silver up this week from December 5 to 10, 2022 (Mercuriales) 1

The main mining export products of the Democratic Republic of the Congo are on the rise this week from December 5 to 10, 2022, according to estimates by experts from the National Mercurial Commission of the Ministry of Foreign Trade. Gold is trading higher this week at $56.69 per gram from $56.50 per gram last week, a positive price differential of $0.10. Silver is also up this week at $0.69 per gram from $0.68 per gram last week, up $0.01. The other product on the rise this week is copper,… Read More Here

Silver Ore Gold

Global demand for silver ore to overtake gold in 2021 (Experts)

February 11, 2021February 11, 2021 Janet

Global demand for silver ore will reach 1.025 billion ounces in 2021, its highest level in eight years, as investors and industry step up purchases, the Silver Institute said on Wednesday, forecasting a rise in prices. The coronavirus outbreak has sparked a rush among investors to store cash, which, like gold, is traditionally considered a safe place to store cash. Experts say that momentum will continue, the institute said, predicting purchases of bullion and coins to reach a six-year high of 257 million ounces in 2021. He didn’t give a… Read More Here

Silver Ore

The demand for silver ore in the automotive sector will almost double by 2025 (Report)

January 16, 2021January 16, 2021 Janet

The consumption of silver ore in the automotive sector will reach 88 million ounces by 2025, according to the latest report released on January 12 by the Silver Institute which specifies that this represents a 73% increase over demand from the ‘past year (51 million ounces) According to the Metals Focus firm which prepared the document, it is the technological advances made in recent years and the boom in the electric vehicle sector that will drive this increase. Note that silver is already widely used in the automotive industry due to its… Read More Here